By Shaina Mishkin
President Donald Trump said on social media that he plans to ban institutional investor purchases of single-family homes. Shares of single-family rental companies were falling in afternoon trading.
"I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it," the president posted on his social media website Truth Social. "People live in homes, not corporations. I will discuss this topic, including further Housing and Affordability proposals, and more, at my speech in Davos in two weeks."
Shares of Invitation Homes and American Homes 4 Rent, two companies known for their single-family home rentals, were down 7.5% and 4.9%, respectively. Invitation Homes was on pace for its lowest close since 2020, while American Homes 4 Rent saw its largest drop since June 2022, according to Dow Jones Market Data. The companies didn't immediately respond to requests for comment.
Shares of Blackstone, which is involved in the housing market as a landlord of rental units including apartments and single-family homes, and through its real estate funds, are down 4.3%. Blackstone couldn't immediately be reached for comment.
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(END) Dow Jones Newswires
January 07, 2026 13:27 ET (18:27 GMT)
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